Difference between revisions of "Marginal product"
Jump to navigation
Jump to search
DrSandstone (talk | contribs) m |
DavidB4-bot (talk | contribs) (→top: Spelling, Grammar, and General Cleanup) |
||
| (6 intermediate revisions by 5 users not shown) | |||
| Line 1: | Line 1: | ||
| − | '''Marginal product''' is the increase in total output due to an increase in one unit of input. | + | '''Marginal [[product]]''' (or '''marginal physical product''') is the increase in total output due to an increase in one unit of [[input]]. It is defined as the change in total product, divided by the change in a [[variable]] input. |
| − | + | [[Category:Economics]] | |
| − | |||
| − | |||
| − | [[ | ||